This week in ESG news: Biden calls for billions in clean energy spending in new infrastructure plan; Netflix launches new climate strategy; HSBC commits to measuring and disclosing emissions impact of financing activities; BlackRock’s new green bond and climate-risk government bond funds; H&M’s sustainable fashion initiative; Biden sets plan for major offshore wind development; BlackRock hires new head of sustainable investing; Major asset managers sign on to net zero investing pledge, and more.

See below for the highlights of the past week, and get all your ESG news at ESG Today:

Sustainability Goals, Initiatives and Achievements

Netflix Launches Emissions Reduction Plan, Aims for Net Zero in 2022

H&M Launches Initiative Highlighting Sustainable Fashion Processes and Innovation

DHL Launches Carbon Neutral U.S. Domestic Delivery

Chemical Giant BASF Targets Net Zero Emissions by 2050

Government, Regulators and Politics

Biden’s American Jobs Plan Includes Major Investments in Clean Energy Technologies and Infrastructure

Reporting and Disclosure

HSBC Joins PCAF, Committing to Disclosing Emissions Impact of Financing Activities

MUFG Launches Portfolio ESG Reporting Solution

IOSCO Launches Technical Expert Group for IFRS Sustainability Standards Initiative

Sustainable Finance

NN IP Launches New Sovereign Green Bond Fund

ESG Services and Tools

Guest Post: The Three Major Challenges of ESG Under SFDR

Arabesque Announces S-Ray ESG Scores and Data Products Now Available on AWS Data Exchange

Funds and Investors

BlackRock Launches Green Bond and Climate Risk-Focused Global Government Bond ETFs

Zurich Insurance to Require Investee Companies to Set Paris-Aligned Climate Targets

BlackRock, Vanguard Among New Net Zero Asset Management Signatories

Energy Transition

Biden Administration Targets 30 GW of Offshore Wind by 2030

S&P Global Platts Launches UK Hydrogen Price Assessments as Market Develops

Exec Appointments

BlackRock Appoints Paul Bodnar as Global Head of Sustainable Investing

PineBridge Appoints Kate Faraday as Head of Corporate Responsibility

AllianzGI Restructures and Grows its ESG Investing Team